$ILMN (ILLUMINA) — 8-K: Illumina stockholders notified of proposed dismissal of Icahn derivative action, hearing set for Nov 2, 2026

Illumina filed notice of a proposed dismissal of the derivative and class action Icahn Partners LP et al. v. Francis DeSouza et al. in Delaware Court of Chancery. The dismissal, if approved at a November 2, 2026 hearing, would resolve claims brought by Icahn Partners LP, Icahn Partners Master Fund LP, and Matsumura Fishworks LLC. The release agreement includes mutual releases and a release of potential claims against Board designee Andrew Teno related to sharing of confidential materials. The proposed dismissal is with prejudice as to the plaintiffs only and does not affect three related derivative actions pending in the same court.

Illumina filed notice of a proposed dismissal of the derivative and class action Icahn Partners LP et al. v. Francis DeSouza et al. in Delaware Court of Chancery. The dismissal, if approved at a November 2, 2026 hearing, would resolve claims brought by Icahn Partners LP, Icahn Partners Master Fund LP, and Matsumura Fishworks LLC. The release agreement includes mutual releases and a release of potential claims against Board designee Andrew Teno related to sharing of confidential materials. The proposed dismissal is with prejudice as to the plaintiffs only and does not affect three related derivative actions pending in the same court.